But it is a necessary strategy if Twitter is to gain the trust of many advertisers.

More than $6bn (£4.6bn) has been wiped off the market value of Twitter after the social media service reported a drop of 1 million users after it finally took action to delete fake and offensive accounts.

The Associated Press also found that Twitter suspended 56 million such accounts in the last quarter of 2017.

The San Francisco-based company warned user numbers would continue to decline in the third quarter.

Twitter said it posted a profit of $100 million in the second quarter as revenue rose 24 percent to $711 million. The company has previously disclosed these numbers. The company said those daily participants on the site increased 11 percent from a year earlier, marking the seventh consecutive quarter of double-digit year-over-year increases.

Twitter shares were up 79% year-to-date through Thursday. They cited concern that while the stock was up 45% this year when Macquarie published its note, the fake-account purge won't bring "dramatic impacts on Twitter's ability to attract new users", arguing that "valuation will likely limit upside from current levels".

The number of people on Twitter fell during the three months ending in June as it worked to clean up the platform and comply with new privacy regulations.

Twitter has warned investors that new investments in security and safety will impact user metrics.

The company said it is now challenging more than 9 million questionable accounts a week, up from 6.4 million last December. Japan remains Twitter's second-largest market, growing 65 percent and generating $122 million.

Twitter's second-quarter net income hit $100.1 million, after a loss previous year during the same period.

Average U.S. MAUs were 68 million for Q2, flat with the year-earlier period and down from 69 million in Q1. Markets outside the United States grew 44% year on year to $US344 million.

Twitter has doubled in value over the past year as it became profitable for the first time and investors applauded its live video efforts.

Twitter also saw usage fall after saying it would not subsidize users who accessed its application through text messages without paying messaging fees to wireless carriers.

Twitter would like to do more work on using machine learning to serve active users more relevant content and help newcomers find what interests them so they stay with the service.

His anger over his mistakes was tempered by perspective, comparing it to Serena Williams losing in the finals at Wimbledon. Rose is No. 3 and almost joined them until he made an 18-foot birdie putt on the last hole to make the cut on the number.

Among the pollsters, 51 per cent said Mr Trump has weakened USA leadership overseas , while 35 per cent said he strengthened it. The White House said last week that Trump had directed Bolton to invite Putin to Washington for a meeting in the fall.

He said USDA's aid announcement on Tuesday makes him think the administration doesn't expect an end to trade disputes soon. Charles Grassley (R-IA) said the administration's move was "encouraging for the short term".

Independents lean negative on Trump's handling of the summit overall, with 33 percent approving and 46 percent disapproving. McLaughlin, citing Gallup polling, said that Russian Federation wasn't even on "the radar" for Americans.

Shoulder-wise, he had no problems. "Football is like it is, but Loris is still a really good goalkeeper", he said. This was the foundation that allowed Sturridge to play (and score) at the 2014 World cup for England.

Luckily, the story has a happy ending because the Cubs saw what happened and had a signed baseball delivered to the child. The clip soon went viral, with sports site Cut4 tweeting: 'When going to a baseball game, DON'T be this guy'.

It could also further entangle the president in a criminal investigation that for months has targeted Mr Cohen. The tabloid sat on the story, preventing it from being made public in a practice known as "catch and kill".

Benchmark 10-year US notes last fell 14/32 in price to yield 2.8968 percent, from 2.847 percent late on Thursday. The BOJ, in turn, offered to buy an unlimited amount of five- to- 10-year Japanese government bonds on Monday.

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